Giving Guide

from B&G Alumni Magazine ~ Winter 2020-2021

by Bishop Verot Catholic High School

Catholics in Action

Giving Giving Guide Guide

your guide to investing in the future.

Today’s Bishop Verot Catholic High School student measures among the brightest in the nation, with SAT, ACT, and Advanced Placement scores well above the national average. Our students are indeed prepared to meet the challenges of a competitive university environment and have the drive and discipline to become the next generation of leaders in the Southwest Florida community and beyond. The cost of educating our students has risen as technology and other factors have dramatically altered the educational landscape. Bishop Verot has strived to limit tuition increases to ensure financial challenges do not become an obstacle for our families. The single most effective way you can ensure all qualified students are able to attend Bishop Verot Catholic High School is through your financial support. There are many ways to support Bishop Verot including direct contributions, pledges over time, and bequests. If you are 70 ½ or older and make a contribution directly from your traditional IRA, amounts up to $100,000 are not considered a taxable distribution. Your gift of a Catholic education impacts students for the rest of their lives.

Annual Fund

The Bishop Verot Annual Fund is the foundation of the community support for our school, supporting such initiatives as technology enhancements, tuition assistance, and campus improvements. The campaign asks for support from our Catholic community, alumni, current and former parents, and friends. Your gift of any amount may be designated to the area you are most passionate about or where it is needed most, the choice is yours. Every dollar donated to Bishop Verot is directly supporting our mission to build a community of faith and learning.

Adopt – A – Student

Currently, more than 40% of our families request need-based tuition assistance. Assistance is not covered by any outside group and must be attained through Bishop Verot’s fundraising efforts. Unfortunately, we are unable to meet everyone’s request. Contributing to the Adopt – A – Student program will allow you to make the greatest impact in the lives of our students by ensuring a solid education in a faith-filled environment. Tuition for the 2021 -2022 school year is $12,700. Consider your contribution in terms of the school year: Pay for One Week: $318

Pay for the Month: $1,270 Pay for the Quarter: $3,175 Pay for the Semester: $6,350 Pay for the School Year: $12,700 Whatever the amount, your gift has an immediate impact on the life of a student.

Endowed Scholarships

The purpose of an endowment is to provide ongoing support for the current and future activities of Bishop Verot and its students. It is, therefore, a perpetual, self-sustaining source of permanent funding. Each year, a portion of the endowment’s earnings are paid out, while the principal is retained for future growth. As a result, it is imperative the endowment grow its investment assets sufficient to support an annual spending stream of the endowment in perpetuity. The two key components required for the endowment to grow are new gifts and investment performance. New funds are essential to the future of Verot. Please consider starting a fund in your alumni class. Bishop Verot currently has 11 endowed scholarship funds valued at over $2.9 million, which provide over $100,000 in scholarships each year.